ARK Invest founder Wood sold about $22.5 million in AMD and TSMC holdings, taking profit after AI semiconductor gains, while adding about $6.8 million in Archer and Joby, shifting to electric air taxi stocks.
Global Markets
The stock market total capitalization-to-GDP ratio favored by Buffett has reached about 233%, far above the 200% warning line. Historical experience shows high valuations are often followed by corrections. Experts remind investors to focus on quality companies and watch market fragility, urging caution.
Anthropic has formally filed for an IPO, lifting US and Japanese chip and AI stocks higher, with the Nikkei 225 morning close surging 1191 points, led by Advantest and SoftBank, though investors remained cautious ahead of earnings from Alphabet and others.
Japanese and Korean stocks rebounded strongly on the 27th, while Taiwan stocks swung over 600 points in early trading, briefly falling below 46,000 points before recovering. With Super Central Bank Week underway, markets are focused on Fed, ECB and BOJ decisions and tech earnings, with analysts advising wait-and-see and watching moving-average support.
US stocks closed higher on the 26th, with the S&P 500 and Nasdaq ending two straight weeks of declines. Anthropic's IPO filing revived AI stock sentiment, the Philadelphia Semiconductor Index surged 2.82%, and focus this week turns to the Fed decision and earnings.
SpaceX posted Q3 revenue of US$14.58 billion, up 161% YoY, with AI revenue of US$7.56 billion surging more than ninefold and net profit of US$4.4 billion marking its first profit, as satellite and computing-power expansion advanced in tandem and overall fundamentals stayed solid and resilient.
U.S. stocks rose broadly on 週一. AI startup Anthropic formally filed for an IPO, planning to list on 那斯達克, sparking a rebound in semiconductor and AI-concept stocks. 台積電 ADR rose nearly 百分之二, the four major indexes advanced together, and market risk appetite recovered.